explain determination of supply?
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Determinants of supply (also known as factors affecting supply) are the factors which influence the quantity of a product or service supplied. ... Change in the price of a product causes the price-quantity combination to move along the supply curve. However when the other determinants change, the supply curve is shifted.
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Determinants of supply (also known as factors affecting supply) are the factors which influence the quantity of a product or service supplied. ... Change in the price of a product causes the price-quantity combination to move along the supply curve. However when the other determinants change, the supply curve is shifted.
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